Temasek, SBI Holdings, HSBC, others invest $107m in blockchain startup R3

Temasek, SBI Holdings, HSBC, others invest $107m in blockchain startup R3

Blockchain/Bitcon. Photo: Bloomberg

Financial and technology companies led by Bank of America Corp, SBI Holdings Inc , HSBC Holdings Plc, Intel Corp and Temasek Holdings have invested $107 million in R3 CEV, a startup which runs a big bank consortium seeking to develop blockchain technology, it said on Tuesday.

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